Car loan refinancing rates are generally higher than new auto loan financing costs. Average rates range from 4.67% to 13.35%, ...
Ally reported making $10.4 billion in auto loans during the second quarter, up from $9.5 billion in the first quarter, while being pickier in the loans it selected and charging higher interest rates ...
Shares of Ally Financial Inc. ALLY lost 17.6% in Tuesday’s trading, touching its lowest level since January, after the company warned of “intensifying credit challenges” in the current quarter. ALLY’s ...
NEW YORK (Reuters) - Ally Financial Inc, the United States' largest maker of car loans, hopes that people have forgotten the time when "subprime" became a synonym for "disaster." Ally, once known as ...
Ally Financial announced in second-quarter earnings that it saw net interest margin expand for the first time in a year as deposit costs ease and its yield on loans increases. Ally Financial is ...
New Ally Financial Inc. leader Michael Rhodes plans to prioritize Ally strengths such as its auto business rather than "emerging opportunities" available to the bank, he said July 17 while leading his ...
(Reuters) - Ally Financial Inc , the largest U.S. auto loan company, reported a 37 percent fall in quarterly profit as it adapts to lost leasing business from General Motors. Net income fell to $268 ...
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